There’s been two major news regarding indian film distribution companies.

Adlabs Films Limited, part of the Reliance Anil Dhirubhai Ambani Group (ADAG) has acquired a controlling stake through an agreement in the Malaysian Lotus Five Star Cinemas for operating a 51 screen cinema in Malaysia it self. 

Anyone seen any changes at P.J. State ? On the other hand, 

Pyramid Saimira Theatre Limited (PSTL)(NSE: PSTL)(BSE: 532791 - News) has now entered the Chinese market. The China Society of Music Research Board (CSMRB), Ministry of Culture, Government of China and India’s Pyramid Saimira Theatre Limited (PSTL) has signed an Arts & cultural cooperation agreement by which CSMRB and PSTL will take many measures to promote cultural cooperation between India & China. PSTL will bring cultural specialists in the field of Arts, Film, TV, Music & Dance. CSMRB will also offer policy guidelines and business consultations for PSTL’s foray in China’s cultural industry, Yahoo Biz

 

Update : Besides all the hyped, I felt the video was kinda weird. My opinion though.

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